Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
LTC Price Analysis: Rising Hashrate With LTC Price Contraction Hints at Imminent Breakout!
In the 4-hour chart, the LTC coin price falls in a bearish channel leading to a 27% drop in the last 40 days. In short, Litecoin prices dropped to the $80 support level from the height of $113. Currently, the prices remain sideways for the past seven days, staying afloat at $80. Moreover, the bullish …
Sohrab Khawas·11 Aug 20231 min
SHIB Price Analysis: With Golden Crossover Growing Close, SHIB Ready For A 15% Jump!
In the past 60 days, the SHIB prices have established a robust support trendline, contributing to a 53.96% surge. The price pattern maintains its upward momentum, with a retest of the $0.0000090 breakout on the horizon. The imminent launch of Shibarium has heightened speculation. Core developers have emphasized the pivotal integration of Self-Sovereign Identity (SSI) …
Qadir AK·11 Aug 20231 min
Ripple vs. SEC: Here Are the Possible Dates for Settlement Talks
In December 2020, the Securities and Exchange Commission (SEC) shocked the crypto world by suing Ripple, a major crypto company, and its top executives. The case is about whether Ripple sold XRP tokens as unapproved securities, which could seriously harm both the company and the whole crypto industry. Not long ago, Judge Analisa Torres made …
Sohrab Khawas·8 Aug 20232 min
XRP Price Could Fall to $0.48 in Market Correction, Warns Analyst
XRP, the digital asset backed by Ripple, has taken investors on a thrilling roller coaster ride of ups and downs due to a recent court ruling in a lawsuit. The XRP price experienced a remarkable 100 percent surge immediately after the ruling, only to retract by more than 25 percent shortly after, accompanied by a …
Sohrab Khawas·8 Aug 20232 min
Litecoin Price Analysis: Analyst Identifies Crucial Support Level Amid Bearish Sentiment
After the Litecoin bulls fell short in capitalizing on the recent halving event, a surge in bearish sentiment has taken hold. Noted analyst Crypto Tony anticipates that Litecoin’s price could find a temporary support level around $65, presenting an attractive short-entry opportunity. It’s worth noting that this setup might be invalidated if the LTC price …
Sohrab Khawas·7 Aug 20231 min
BTC Price Analysis: Within In A Bear Channel, Will BTC Price Resurface Above $30K?
Despite the trending ETF news, Bitcoin prices fail to display bullish moves over the past few weeks. On the contrary, the downtrend action gains momentum leading to a 4.65% drop over the last three weeks. The falling trend in BTC price forms a bearish channel pattern in the 4-hour chart leading to a death cross. …
Sohrab Khawas·7 Aug 20231 min
XRPL EVM: A Golden Ticket to Drive Large-Scale Retail Adoption for XRP?
Rumblings in the digital currency world suggest a powerful avenue is on the horizon for Ripple (XRP) that may spark widespread retail adoption. The advent of XRPL EVM – an Ethereum Virtual Machine compatible XRPL Sidechain, is set to expand the horizons of the Ripple ecosystem, opening up a world of new possibilities. 🧵 Why …
Sohrab Khawas·3 Aug 20232 min
XRP Price Analysis: Is A Reversal Within A Wedge Enough To Refuel The XRP Price Rally?
Failing to sustain above the $0.80 mark, XRP price action maintains a declining trend leading to a falling wedge pattern in the four-hour chart. The remarkable 20% drop in market value over the last two weeks brings the XRP coin price under the $0.70 mark. Currently, the XRP coin price dives from the overhead resistance …
Sohrab Khawas·3 Aug 20231 min
Bitcoin Rebounds on MicroStratergy’s Future Plans, While ADA, XRP, BNB & DOGE Turn Green
The markets turn green with the rounds of Microstratergy increasing their BTC holdings with $750 million in capital, while they already hold nearly 150 million BTC worth billions. The traders became confident of the upcoming price action and poured in huge liquidity. Interestingly, major altcoins also received a giant bullish push, as they also appear …
Qadir AK·2 Aug 20232 min